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parliament on the eu and u.s. partnership. >> this morning, robert van order talks about the forgiveness of the mortgage debt relief act. then, we will look at the preparations for the 113th congress chris bradford stitch -- with bradford fitch. later, the
to give up some of that power for the better functioning of our body and our country. host: robert van order is the chair of the school of business department of finance the george washington university and is here to talk to us about the mortgage debt relief act which is set to expire. congress passed it to a central the early days of the housing crisis aiming to help distressed home owners by waving taxes on up to $2 million in loan forgiveness. welcome to the program. guest: thank you for having me. host: tell us exactly what is the mortgage debt relief act, and how is it supposed to work? guest: if you lose your home and it goes through foreclosure, they take the house away, and you are gone. you do not have to pay the mortgage. your credit is heard and you have to move. there are other ways of the effectively foreclosing on people. one is a short sale. you sell the house, you may owe $400,000. you sell it for $300,000. the bank forgives the difference. until 2007, that would probably be taxable as income. what the 2007 act did was say you do that have to pay tax on it. that is the
satellite corp. 2012] >> tomorrow, robert van order looks at the mortgage loan forgiveness. then bradford fitch discuss this orientation session for congress. members- elect in congress. after that, a member of the autistic self advocacy network on being an adult with autism, and the federal role supporting autistic adults and children. washington journal, live saturday at 7:00 a.m. eastern, on c-span. coming up, we will hear about the syrian civil war from a spokesman with the national coalition for a position, followed by a look at how the white house and congress are facing a fiscal cook, followed by john boehner on capitol hill. later, a discussion of the fiscal cliff and tax cuts. >> i think of the old poem, "song of life," by longfellow. it says lives, great men all remind us. we can make our lives supply and -- sublime and, departing, leave behind us footsteps on the sands of time. warren left footsteps on the sands of time. many people serve here and are forgotten. he is not one of them. i think the reasons are quite simple. he was admired. he had courage. he had principles. he go
cuts. tomorrow on ", washington "" robert -- "washington journal," robert van order on the mortgage loan forgiveness. adult'eman on being an with autism. plus, your emails, phone calls, and tweets. >> c-span, created by cable companies and venture 1979, brought to you as a public service by >> president obama talked about the so-called fiscal cliff and his proposal to end the bush era tax cuts. he spoke at a manufacturing facility in hatfield, pennsylvania, for about 25 minutes. >> thank you! [cheers and applause] >> well, good morning, everybody. everybody, please have a seat, have a seat. relax for a second. it is good to see all of you. hello, hatfield! it is good to be back in pennsylvania and it is good to be right here at connects. i want to thank michael airington and the inventor of connects, joel glickman, for hosting me today. where'd they go? stand up so everybody can see you guys. there you go! i just noticed, we got a couple of outstanding members of congress here. chaka pata, and allison schwartz. i just finished getting a tour of the connects workshop. i have to say,
is assad deliberately targeting the food chain targeting delivery vans, sending up food prices. we have the former ambassador to nato robert hunter. welcome to the show, ambassador hunter. we appreciate your time here. >> good to be with you. melissa: i thought a lot of facts were disturbing and shocking not more so than anything else going on in syria. land is not being farmed because of shell fire. there is lack of fertilizer. tanks have deliberately destroyed the irrigation canals and the army is stopping workers from getting to the land to farm it. so obviously this is extremely deliberate. >> yeah. this is a full-blown civil war being conducted by the government side by one of the more brutal regimes we've seen in the middle east, you know, over the last 30 or 40 years. the father of the current president, for example, gassed an entire village and wiped them out about 35 years ago. so this individual who people thought might be different is showing that he is going to fight to try to preserve himself and his people no matter how many people get slaughtered. it is a tragedy of immen
the ultimate example, a teacher who gave her live to save theirs. peter van sant spoke with the parents of a child who escaped the massacre. peter, good morning. >> good morning, charlie. robert and dieane la cotta's children are now safe at home. when i spoke with them their emotions are still raw. and the stories their 6-year-old son told them beyond imagining. >> he's a brave little boy. you know he's -- he's -- he's doing okay. we're trying to explain things to him in a way that he understands. >> reporter: robert and die an la cotta are faced with explaining the unexplainable. their 6-year-old son and 7-year-old daughter were both at sandy hook elementary school on friday morning. the parents ask we not use their children's names. as of saturday afternoon they hadn't told their son his teacher had died. >> he's obviously upset. he wants to know about his teacher and how his teacher is doing and we're explaining to him that we don't know but if something did happen that they're in heaven and they're angels. >> reporter: his teacher was vicki soto. known for he
out here. >> i think the time is now. i and stanley roberts kron 4 news. >> i hope you enjoyed the sunshine and mildwe had yesterday. we are in the fog right now and this is on van ness ave. we have a low cloud and for parts of the north bay. is not widespread and the visibility in certain areas are down to zero. napa is just under 2 mi. an sfo is just under 3 tens of a mile. it has impacted flights for san francisco international. that average delay is up to 40 minutes. the rest of today we should expect chilly conditions and this afternoon it will be increasing clouds. this evening we are looking at light rain to arrive this evening into the over nine hours. it will be mostly cloudy for this afternoon. >> the satellite and radar shows that this is a cold front right here and it is already dropping some showers and snow for organ and into washington. this is not a big rain maker we should not give a lot of moisture. it really will break damn much cooler air for this time of year. it will feel more like winter for the next few mornings. future cast 4 states said it will started
that van. so we obviously have a crew over there as well, but i think the main information right now is coming from a news conference within the next half hour. cara. >> thank you, robert. >> robert, we appreciate it. obviously, we'll stay on there and bring you that information as soon as that press conference begins. we'll take that live from newtown. sandy hook elementary school in newtown, a k to 4 school with about 600 students, the scene of a shooting this morning. one child confirmed dead, the gunman dead as well. at least one other person was shot, although police say that they do believe that there may be other victims involved in this. at this point the school is completely surrounded by police officers who responded to that area from all around the state of connecticut. 9:41 this morning, about three hours ago, that call came in reporting that shooting and from that time all around the state of connecticut, state police s.w.a.t. teams and other police resources heading there to the elementary school. you can see the ambulances there. an enormous response to that school, an
Search Results 0 to 8 of about 9 (some duplicates have been removed)